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Global Moto Taxi Service Market: By Type: E-hailing, Ride Sharing; By Application: Passenger, Load; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Moto Taxi Service Market Outlook

The global moto taxi service market stood at a value of around  USD 13.55 billion in 2021. The market is further expected to grow at a CAGR of 7.94% in the forecast period of 2022-2027 to attain a value of approximately  USD 21.43 billion by 2027.

 

Heightened Demand for Ride Sharing Services to Strengthen the Global Market for Moto Taxi Services

Based on type, the ride sharing segment is predicted to hold a significant market share in the moto taxi service industry. The growing demand for ride sharing services can be attributed to the rising global population and their subsequent demand for transportation.

 

Global Moto Taxi Service Market

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In addition, ride sharing services are cost-effective and help reduce the dependency on personal vehicles, thus, helping reduce traffic congestion. Meanwhile, on the basis of application, the growing demand for passenger transportation is anticipated to propel the market growth in the forecast period. These factors are expected to contribute to the overall market growth in the forecast period.

 

The Asia Pacific to Occupy a Substantial Market Share in the Global Moto Taxi Service Industry

The Asia Pacific is estimated to hold a substantial share of the moto taxi service industry in the forecast period. The regional market growth can be attributed to the increased demand for passenger transportation services, owing to the densely populated areas in the region. In addition, the growing urbanisation and the rapidly increasing population are also anticipated to aid the market growth in the coming years. Moreover, a lack of fully connected public transportation systems is also expected to add to the market growth in the coming years.

 

Moto Taxi Service: Industry Definition and Segmentation

Moto taxi service refers to the motorcycle or bike taxi service, wherein a person sits as a pillion passenger with the bike rider. Under these services, the consumers can avail ride hailing and ride sharing services for the transportation of passengers or a package. In addition, moto taxi services can be availed for both short and long distance services and are increasingly utilised in heavily populated areas, such as near retail shops and subways.

By type, the market is divided into:

  • E-hailing 
  • Ride Sharing

Based on application, the market can be categorised into:

  • Passenger
  • Load

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Issues of Traffic Congestion to Augment the Growth of the Global Moto Taxi Service Industry

The rising concerns pertaining to traffic congestion are projected to spearhead the demand for moto taxi services in the forecast period. The growing number of private vehicles in major cities across the world is leading to an increase in traffic congestion. In this regard, moto taxi services help passengers save time by effectively avoiding areas prone to high traffic jams. In addition, moto taxi services offer affordable and comfortable services, which can be availed by consumers from diverse financial backgrounds. Moreover, moto taxis provide last mile services, unlike most public transportation systems. Furthermore, the rising fuel prices and significant expenses associated with vehicle ownership are expected to drive the demand for moto taxi services in the coming years.

 

Key Industry Players in the Global Moto Taxi Service Market

The report gives a detailed analysis of the following key players in the global moto taxi service market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ANI Technologies Pvt. Ltd.
  • GOJEK
  • Baxter 
  • Grab
  • Bolt Technology OU
  • Uber Technologies Inc.
  • MotoTaxi Services
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region
Breakup by Type E-hailing, Ride Sharing
Breakup by Application Passenger, Load
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered ANI Technologies Pvt. Ltd., GOJEK, Baxter, Grab, Bolt Technology OU, Uber Technologies Inc., MotoTaxi Services, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Moto Taxi Service Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Moto Taxi Service Historical Market (2017-2021) 
    8.3    Global Moto Taxi Service Market Forecast (2022-2027)
    8.4    Global Moto Taxi Service Market by Type
        8.4.1    E-hailing
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Ride Sharing
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Moto Taxi Service Market by Application
        8.5.1    Passenger
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Load
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Moto Taxi Service Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    ANI Technologies Pvt. Ltd.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    GOJEK
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Baxter
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Grab
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Bolt Technology OU
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Uber Technologies Inc.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    MotoTaxi Services
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Moto Taxi Service Market: Key Industry Highlights, 2017 and 2027
2.    Global Moto Taxi Service Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Moto Taxi Service Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Moto Taxi Service Historical Market: Breakup by Application (USD Billion), 2017-2021
5.    Global Moto Taxi Service Market Forecast: Breakup by Application (USD Billion), 2022-2027
6.    Global Moto Taxi Service Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global Moto Taxi Service Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Global Moto Taxi Service Market Structure

Key Questions Answered in the Report

In 2021, the global moto taxi service market attained a value of nearly USD 13.55 billion.

The market is projected to grow at a CAGR of 7.94% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach a value of USD 21.43 billion by 2027.

The major drivers of the industry, such as the increased demand for passenger transportation, rising fuel prices, rapidly growing global population, rapid urbanisation, and increased availability of moto taxi services via apps and websites, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the increasing issues of traffic congestion worldwide.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant types of moto taxi services include e-hailing and ride sharing.

The major applications considered within the market report include passenger and load.

The major players in the industry are ANI Technologies Pvt. Ltd., GOJEK, Baxter, Grab, Bolt Technology OU, Uber Technologies Inc., MotoTaxi Services, and others.

Analyst Review

The global moto taxi services market attained a value of USD 13.55 billion in 2021, driven by the increased demand for passenger transportation services. Aided by the increasing issues of traffic congestion, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 7.94%. The market is projected to reach USD 21.43 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be distributed into e-hailing and ride sharing. On the basis of application, the industry can be segmented into passenger and load. The major regional markets for moto taxi services are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include ANI Technologies Pvt. Ltd., GOJEK, Baxter, Grab, Bolt Technology OU, Uber Technologies Inc., MotoTaxi Services, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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